how can i insert date day and time on status strip m using vb 2005

>how can i insert date day and time on status strip m using vb 2005

Private Sub Form1_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
        Dim label1 As New ToolStripLabel(Date.Now)
        StatusStrip1.Items.Add(label1)
    End Sub
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